Contrasting of Garmin Ltd. (GRMN) and Mesa Laboratories Inc. (NASDAQ:MLAB)

Garmin Ltd. (NASDAQ:GRMN) and Mesa Laboratories Inc. (NASDAQ:MLAB) compete with each other in the Scientific & Technical Instruments sector. We will analyze and contrast their profitability, analyst recommendations, risk, dividends, institutional ownership, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Garmin Ltd. 3.40B 4.45 704.88M 3.71 21.31
Mesa Laboratories Inc. 103.14M 7.66 7.48M 2.75 89.99

Table 1 showcases the gross revenue, earnings per share and valuation of Garmin Ltd. and Mesa Laboratories Inc. Mesa Laboratories Inc. has lower revenue and earnings than Garmin Ltd. The company with the lower price-to-earnings out of the two companies is considered for more affordable of the two firms currently. Garmin Ltd. is trading at a lower price-to-earnings ratio than Mesa Laboratories Inc., indicating that it is currently more affordable of the two stocks.

Profitability

Table 2 demonstrates the return on assets, net margins and return on equity of Garmin Ltd. and Mesa Laboratories Inc.

Net Margins Return on Equity Return on Assets
Garmin Ltd. 20.73% 17.4% 13.6%
Mesa Laboratories Inc. 7.25% 9.9% 6.4%

Volatility and Risk

Garmin Ltd.’s 0.96 beta indicates that its volatility is 4.00% less volatile than that of Standard and Poor’s 500. In other hand, Mesa Laboratories Inc. has beta of 0.37 which is 63.00% less volatile than Standard and Poor’s 500.

Liquidity

The Current Ratio and Quick Ratio of Garmin Ltd. are 4 and 3.1 respectively. Its competitor Mesa Laboratories Inc.’s Current Ratio is 1.6 and its Quick Ratio is 1.2. Garmin Ltd. can pay off short and long-term obligations better than Mesa Laboratories Inc.

Dividends

Garmin Ltd. dividend pay is $2.28 per share with 2.85% dividend yield annually. Mesa Laboratories Inc. has an annual dividend pay of $0.64 per share while its annual dividend yield is 0.3%.

Analyst Recommendations

The table given features the ratings and recommendations for Garmin Ltd. and Mesa Laboratories Inc.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Garmin Ltd. 1 2 0 2.67
Mesa Laboratories Inc. 0 0 0 0.00

The consensus target price of Garmin Ltd. is $75.75, with potential downside of -5.06%.

Insider & Institutional Ownership

The shares of both Garmin Ltd. and Mesa Laboratories Inc. are owned by institutional investors at 44.9% and 74.6% respectively. Insiders owned 1.2% of Garmin Ltd. shares. Insiders Comparatively, owned 5.5% of Mesa Laboratories Inc. shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Garmin Ltd. 0.44% -10.86% 10.69% 19.54% 33.07% 24.81%
Mesa Laboratories Inc. -2.53% 7.92% 6.3% 24.79% 45.12% 18.66%

For the past year Garmin Ltd. was more bullish than Mesa Laboratories Inc.

Summary

On 14 of the 16 factors Garmin Ltd. beats Mesa Laboratories Inc.

Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness. The Auto segment offers personal navigation devices; infotainment solutions; and action cameras, as well as mobile applications under the Garmin and NAVIGON names. The Aviation segment provides navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, datalink weather, in-cockpit and cloud connectivity, automated logbook, voice and touch control, and other products and services; wearables, portables, and apps; and traffic collision avoidance, and terrain awareness and warning systems. It also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wrist-worn devices, sailing products, and entertainment products. The Outdoor segment offers outdoor handhelds, wearable devices, golf devices, and dog tracking and training/pet obedience devices. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and activity tracking devices, as well as Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms for users to track and analyze their fitness and wellness data. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.

Mesa Laboratories, Inc. designs, manufactures, and markets quality control instruments and disposable products. The companyÂ’s Instruments segment offers data loggers, which are precision instruments used in critical manufacturing, quality control, and validation applications; medical meters and calibration solutions used to test various parameters of the dialysis fluid, and the calibration and operation of the dialysis machine; gas flow calibration and air sampling equipment that are used for industrial hygiene assessments, calibration of gas metering equipment, and environmental air monitoring; and torque testing systems used for measure bottle cap tightness. This segmentÂ’s products are used in healthcare, pharmaceutical, food and beverage, medical device, industrial hygiene, environmental air sampling, and semiconductor industries. Its Biological Indicators segment manufactures and markets biological indicators comprising spore strips, self-contained products, and culture media, as well as process challenge devices; and testing services. This segment also distributes chemical indicators that are used to assess the effectiveness of sterilization processes, including steam, hydrogen peroxide, ethylene oxide, and radiation. The companyÂ’s Cold Chain Monitoring segment offers systems, which are used to monitor various environmental parameters, such as temperature, humidity, and differential pressure for use in hospitals, pharmaceutical and medical device manufacturers, blood banks, pharmacies, and various other laboratory and industrial environments; and parameter monitoring services for products in a cold chain. Its Cold Chain Packaging segment offers packaging development consulting services and thermal packaging products. The company markets its products through distributors in the United States, Europe, Africa, Asia, South America, Australia, Canada, and Central America. Mesa Laboratories, Inc. was founded in 1982 and is headquartered in Lakewood, Colorado.

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